Q:I have booked a undercontruction flat.with possesion by next month.Builder promised to give OC.But how I can make sure, Whether builder has applied for OC and how I can verify whether my apartment will get OC?
Q:I have heard that there is an issue related to the OC for this property considering it is falling in CRZ-2 area. Is it correct?? The banks are also providing loan for this property. Also let me know if OC is mandatory for resale of flat if obtaining loan from any bank.Should i invest in this property? Please advise.
Latest Answer: Oc is a required document. You can not sell your property in absence of OC. Yo have seen the result of Campa Cola Societies in absence of OC.
Latest Answer: Yes, Pragati has obtained OC from CIDCO in the last week of October-2015. I think interested buyers can think of purchase flats in pragati now, if otherwise OK.
Q:Bank is providing loan on Newa Gardens but is BMC providing water to the building. also any update on the OC problem in Newa Garden would be really helpful
Q:Hi All, Hope u guys are aware of the latest news about the Worli ( Campa Cola Society) demolishen. 170 flat owners have been asked to leave just because they did not have the occupancy certificate.. Although the flat owners had paid their yearly taxes and had the flat registered 20yrs ago, the govt has declared it to be illegal.. This only reminds me that few blocks in PWC are still not given with the OC. Note: This is not to create any worry, just a concern that we all need to squarely plan and resolve.
Latest Answer: Ur always welcome Dhananjay!!!!!
Very simple answer, no occupancy certificate means that the building has not been given a "Pass Certificate" by the concerned authority. As such, it does not have all the necessary infrastructure or clearances that make the building inhabitable. You might heard the news of Campa Cola Society where no necessary clearance was taken and building was demolished.